Chapter 12—NATURE AND CLASSES OF CONTRACTS: CONTRACTING ON THE INTERNET TRUE/FALSE 1. Quasi contracts are contracts. ANS: F MSC: AACSB Analytic 2. A contract is essentially an agreement that creates an obligation. ANS: T MSC: AACSB Analytic 3. Because transfer of value is essential to a valid contract‚ contracts cannot apply to the performance of personal services. ANS: F MSC: AACSB Analytic 4. Every contract has only two parties. ANS: F MSC: AACSB Analytic 5. A promisor
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Question 1 The ethical guidelines which accountants are obliged to follow in the conduct of their work are made to combat criticism and gain credibility by preventing fraudulent accounting. Accountants ought to be able to maintain impartiality and independence to create a clear‚ credible and unbiased audit. Hence‚ the ethical principles are considered important. This is because the work of accountants requires a high level of ethics since the financial statements prepared and verified by auditors
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Project Paper on the Title “Auditors Professional Responsibilities and Legal Liability with Regard to Private Auditors in Ethiopia”: For the Fulfillment of M.Sc Program in Accounting and Finance Adviser: Johannes Kinfu (Prof) By: Muluneh Beyene Addis Ababa University School of Gradate Studies Department of Accounting and Finance July‚ 2007 Addis Ababa Statement of Certification This is to certify that Muluneh Beyene has carried out his research work on the topic entitled “The
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It proclaimed to all blacks that enlisted into the Union army‚ that after a contract of service‚ that they would be considered free men and considered citizens. The text list that I compiled is full of primary sources‚ artwork‚ books‚ and websites that tackle this dominant theme of the Civil War: Blacks and Emancipation. These texts cover the relationship between emancipation and the historical significance of black soldiers. I chose this theme to be used within an eleventh grade history classroom
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Managerial Accounting and Control Decision Making: Relevant Costs and Benefits Case 14-62 Roy Kondoy Shella Faye Sportway Corporation • Sportway is a wholesale distributor supplying a wide range of moderately priced sports equipment to large chain stores • Products: 60% purchased‚ 40% manufactured • The company has a Plastics Department that is currently manufacturing molded fishing tackle boxes • Sportway is able to manufacture and sell 8‚000 tackle boxes annually‚ making full use of its direct-labor
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Case 10-2 1. Ida needs to test the U.S. commercial building for recoverability under both U.S. GAAP and IFRSs. Recoverability test is one of the requirement tests for impairment. As a result‚ we need to verify if impairment should be recognized. 2. The impairement is $600‚000. GAAP methodology of determining impairment uses a two-step recoverability test. Step one‚ requires a company to estimate the future undiscounted cash flows expected from the use of that asset and its eventual disposition
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Analysis: Telephone Conversation by Wole Soyinka. Set in the 1960s‚ written in the first person narrative manner‚ the poem “Telephone Conversation” by Wole Soyinka is a poetic satire against the widespread racism in the modern Western society. As a student from Nigeria‚ the poet had encountered firsthand such parochial attitude‚ and had learnt to take it in his stride‚ the poem is thus influenced by his personal experience. The poem is about a telephone conversation in England between the poet‚
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principio: From the Antique World to the Middle Ages • Texts : Canon Law and Wichcraft p. 4-5 Stephen of Bourbon’s exemplum On the Worship of the dog Guinefort p. 12-13 • Film : Sorceress 1st part 2. January 29 * Pagan survival and Superstitions • Texts : Hellequin’s hunt (La Maisnie Hellequin) p. 7-11 • Film : Sorceress 2nd part 3. February 5 Quiz nº 1 (15 mn) * The Inquisition - Joan of Arc and Gilles de Rais • Texts : Bernard Gui : Questions p. 50 The Trial
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Chapter 2—The External Environment: Opportunities‚ Threats‚ Industry Competition‚ and Competitor Analysis TRUE/FALSE 1. The health-related concerns in the general environment facing Philip Morris International are part of the physical segment. ANS: F PTS: 1 DIF: Medium REF: 36 OBJ: 02-01 TYPE: comprehension NOT: AACSB: Ethical & Legal understanding | Management: Ethical Responsibilities | Dierdorff & Rubin: Managing the task environment 2. The external environment facing business stays relatively
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